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Cinemas For Every Community in Nigeria
Nigeria, with a population exceeding 200 million, has a cinema screen to population ratio of approximately 1 screen for every 781,402 people.
The Filmhouse Group has the largest cinema chain in Nigeria and West Africa with more than 55 screens.
Almost all the cinemas in Nigeria are in upscale shopping malls in Lagos, Abuja and other cities in few States without any cinema in majority of the 36 states. There is increasing demand for more cinemas.
One Village, One Cinema Can Generate N29 Billion Annually To Boost Creative Economy of Nigeria.
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The One Village, One Cinema initiative of the International Digitl Post Network Limited, an affiliate partner of Cinewav Pte of Singapore can generate an estimated annual revenue of N29 billion for SMEs in the entertainment Industry in all the 774 local government areas in Nigeria, famous for the phenomenal Nollywood, the largest indie film industry in Africa.
With only an investment of N10, 000, 000 (ten million naira) that is currently less than US$10, 000 (ten thousand dollars) you can have a low budget cinema that can be installed within an hour indoors or outdoors and it can generate an average monthly revenue of N200, 000 - N400, 000 from the sales of the tickets from one location in a village in Africa's most populous nation with an estimated population of more than 200 million people.
The One Village, One Cinema plan has an estimated target audience of 21 million people who can afford to pay for the tickets from N500 per person for the low income earners to N2,000 per person for the middle class communities and special orders for the upper class residential areas in Nigeria.
It will create more than 18,576 direct jobs nationwide.
It has socioeconomic and sociocultural benefits for the people in the entertainment, public enlightenment and economic empowerment of the people in every local government area.
Each cinema can be solar powered when there is no electricity.
https://nigeriansreportng.blogspot.com/2024/04/one-village-one-cinema-to-generate-n29.html
Reported Facts
In Nigeria, revenue in the Cinema market is projected to reach US$134.22m in 2025.
Revenue is expected to demonstrate an annual growth rate (CAGR 2025-2029) of 5.19%, leading to a projected market volume of US$164.35m by 2029.
In the Nigerian Cinema market, the number of viewers is anticipated to reach 9.3m users by 2029.
User penetration in Nigeria will be 3.5% in 2025 and is expected to increase to 3.6% by 2029.
The average revenue per viewer in Nigeria is expected to amount to US$16.14.
In a global context, the majority of revenue will be generated the United States, with a projection of US$23.52bn in 2025.
Nigeria's cinema market is experiencing a vibrant resurgence, fueled by a growing appetite for locally produced films and innovative storytelling techniques.
The Cinema market encompasses the entertainment industry segment dedicated to the screening of motion pictures within dedicated venues, commonly known as cinemas or movie theaters. This market provides audiences with a communal experience of watching a wide range of films, including feature films, documentaries, and animations, on large screens, accompanied by high-quality sound systems, creating an immersive and theatrical experience.
More details on
https://www.statista.com/outlook/amo/media/cinema/nigeria
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